Economic events

Hong Kong stocks briefly climb 2%;  China releases inflation data in line with expectations

Hong Kong stocks briefly climb 2%; China releases inflation data in line with expectations

Hong Kong movers: Real estate and tech stocks rise as optimism reopens CNBC Pro: Wall Street says a recession is coming. An investment pro names her favorite stocks to resist Wall Street pros are increasingly sounding the alarm about an impending recession. As economic growth slows and inflation stays high for longer, how should investors …

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Here are 4 money moves you should make to set yourself up for financial success in 2023

Here are 4 money moves you should make to set yourself up for financial success in 2023

As the end of the year approaches, it may be time to reassess your finances. This year has been marked by record inflation and multiple interest rate hikes. As the Fed attempts to rein in inflation by raising interest rates, there is a strong possibility that the economy will teeter into recession in the coming …

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Oil plunge, tech meltdown and Fed cuts?  Strategist shares possible market "surprises" in 2023

Oil plunge, tech meltdown and Fed cuts? Strategist shares possible market “surprises” in 2023

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …

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Stocks set to fall in first half of 2023 before markets improve

Stocks set to fall in first half of 2023 before markets improve

The outlook for 2023 is a bit better for equities, but the first half looks downright ugly. Wall Street strategists reveal their outlook for next year. There is a somewhat mixed opinion that the first half could be particularly difficult, with the market possibly testing its October lows. Then there is an early recovery in …

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Asia-Pacific markets fall as investors seek clarification on China's Covid rule changes

Asia-Pacific markets fall as investors seek clarification on China’s Covid rule changes

Singapore and New York are ranked among the most expensive cities to live: EIU Singapore and New York have been ranked as the most expensive cities to live in this year, according to the Economist Intelligence Unit (EIU). EIU’s survey showed that the average price of goods in 172 major cities around the world rose …

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Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …

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India could become third largest economy by 2030, overtaking Japan and Germany

India could become third largest economy by 2030, overtaking Japan and Germany

Beautiful and colorful aerial view of the Mumbai skyline during twilight as seen from Currey Road on February 16, 2022 in Mumbai, India. Pratik ChorgĂ© | Hindustan Times | Getty Images India is expected to overtake Japan and Germany to become the world’s third-largest economy, according to S&P Global and Morgan Stanley. The S&P forecast …

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Hong Kong stocks lead losses in Asia on unrest in China, oil at 2022 low

Hong Kong stocks lead losses in Asia on unrest in China, oil at 2022 low

Indian stocks hit all-time highs Indian stocks hit new highs in Monday’s session. The Nifty 50 Index, the flagship index of the National Stock Exchange of India, reached 18,611.05, surpassing the previous intraday high of 18,604.45 seen on October 19, 2021. The Sensex reached 62,690.39 during the morning session in India, also surpassing previous record …

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Student loan repayments may not resume until August.  Here's what borrowers need to know

Student loan repayments may not resume until August. Here’s what borrowers need to know

President Joe Biden and Education Secretary Miguel Cardona. The Washington Post | The Washington Post | Getty Images It’s been almost three years since people with federal student loans had to pay off their debt, and the Biden administration recently announced that borrowers have even more time. In March 2020, when the coronavirus pandemic first …

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Dow opens little change as Wall Street looks to end winning week

Dow opens little change as Wall Street looks to end winning week

Retail expert says in-person shopping is on the way this year Telsey Advisory Group CEO Dana Telsey expects more in-store shoppers and a move away from home improvement spending towards clothing and beauty on Black Friday. “I think this holiday season will be all about in-person shopping,” Telsey said on “Squawk Box” Friday morning. “They …

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